Lessons from the World's Most Expensive Divorce

5/21/2014 1:03PM

Russian oligarch Dmitry Rybolovlev has been ordered to pay his wife roughly $4.5 billion dollars in what is being billed as the world's most expensive divorce settlement. Are there lessons here for couples at all income levels? Financial planner Eleanor Blayney discusses. Photo: Getty.

This transcript has been automatically generated and may not be 100% accurate.

... I ... now it certainly not the kind of record you want to be saying this for Russian oligarch Dimitri the love that he is ordered by Swiss courts to pay as white roughly four point five ... billion dollars in what's being billed ... as the world's most expense in divorce settlements and there certainly have been other there's ... the couple's marriage lasted twenty three years they have a thirteen year old daughter together what is the president for this kind of high net worth settlement and how does someone prepare for a small tidy billion dollar divorce ... we're joined now by Telenav Laney and the Certified Financial planner Board's consumer advocate Eleanor thank you so much for being with us ... thinking of first awful lot of when out there will be an appeal to nothing is set in stone the ahead but ... with this this case have many high net individuals and suddenly postponing their weddings ... all I wouldn't think so this is this is out in the stratosphere aspirants sound as divorce settlements now ... but certainly it does have a e a warning for them back to knowing what ... what you're bringing in in the marriage and what you have answered marital estate makes a lot of sense economically court proceedings expensive and when this much money is involved ... in the party's find common ground with outlay areas ... in a inapt divorced of this magnitude I'm ... don't worry the lawyer saying you know they're needed as well as financial advisors to mean what we have here is is ... this is not just simple Stocks and Bonds An readily ... valued assets I'd undoubtedly at this at this level were talking about ... assets that can be extremely hard to value ... an even ... harder to split I think in fact they're so uh hundred million dollar up ideal and in that in the estate there somewhere so if you can imagine ... teeny weeny a lot of experts both on the legal and financial sigh and what other considerations are involved with divorce is like that it's over billion dollars on the other thing that the child involved in this case how does that make wants make it different ... well I think that certainly having a child involved in a really doesn't matter how many comments you have in the divorce settlement ... having a child makes that the forests ... much sadder and much more emotionally entangled he can split assets which can split in China ... and so it's gonna info all these other issues in terms of custody and support visitation ... I've tax deductions and exemptions and splitting ... education payments so Apple a whole nother level of negotiation is needed ... I think in this case with the divorce of this size um ... not only are you talking about hard to value assets ... I think is also the problem of the hidden assets ... um ... you know when we were talking about closely held business is entrusting partnerships in you can be certain areas so ... you know a fair sprinkling of these more illegally complicated and TPC involved in and of course like that ... if you can imagine and it's you know it's easy to hide certain things to think of for example the Enron ... up or turn in how ... impossible it was to trace money flows and so ... I think hidden assets becomes a big issue and then I wake of the nowhere out we don't have a lot of time on our bed and it was their pre nuptial agreement in this marriage and is that the way to go these days with so much money is that I don't know whether there was or wasn't but their apps Lee should have and I think is the way to go ... in many people say that that neoprene ups on put money ahead of love but as far as I'm concerned they take money out of the equation ... and allow for love to the loss of affluent leader very important ... right Ellen lately thank you so much for that ...